in IAS 38 - Intangible Assets by Level 1 Member (1.5k points)
But what if the license is for 3-year period? Are there any obstacles for capitalizing it as an intangible asset?

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by Level 5 Member (11.6k points)
Yes i think you can and there is no provision which prohibits it.
by Level 1 Member (1.5k points)
Despite the fact that the company doesn't have the full ownership over the license (the company can't resell it)?

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